17.06.2024 14:39:18 - dpa-AFX: United States Steel Expects Q2 Earnings Below View
WASHINGTON (dpa-AFX) - United States Steel Corporation (X) on Monday
initiated earnings outlook for the second-quarter, below analysts' estimates.
For the second-quarter, the company expects to record adjusted net earnings of
$0.76 to $0.80 per share.
On average, five analysts polled by Thomson Reuters forecast the firm to earn
$0.83 per share for the quarter. Analysts' estimates typically exclude special
items.
The metal company also anticipates its second-quarter adjusted EBITDA to be at
around $425 million.
X was trading down by 1.23 percent at $36.01 in the pre-market trade on the New
York Stock Exchange.
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